Rio Bribery Case Wraps Up After Three-Day Shanghai Trial

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March 25 (Bloomberg) -- Bloomberg's Stephen Engle reports on the trial of four Rio Tinto Group iron ore executives in Shanghai after a three-day hearing of bribery and infringement of commercial secret charges. Stern Hu, Liu Caikui, Wang Yong and Ge Minqiang were charged with bribery and infringing commercial secrets. They received 92.18 million yuan ($13.5 million) between them in bribes and pleaded guilty, China’s state news agency Xinhua reported, citing court documents. One defense lawyer expects a verdict within a month. Bloomberg's Susan Li also speaks. (Source: Bloomberg)

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